skysight-inc/HackerNews huggingface dataset:
No I don’t. I think the market makers/internalizers who are normally on the other side of retail trades want no part of the irrationality around these symbols so they pulled their orders.

There is no one on the other side of the book so Robinhood can’t execute. It’s standard market dynamics that anyone whose traded before understands.

That a bunch of new retail traders are about to learn an expensive lesson on execution/liquidity risk is a normal cycle.
The only thing I don't like about the word "encraption" is that it's way too easy to misparse as "encryption" lol
Holding a short position (selling before you buy) or a long position (buying before you sell) are both valid and legal trading decisions on their own. Market manipulation arises out of context. When you start tweeting about how you should totally sell a stock that you have a short position on, then you start stepping into illegal behavior.

In other words, the capital firm that got short-squeezed by the idiots at /r/WSB were also doing something illegal. It's not the case that the short is legal but the longs aren't. Alternatively, if the argument is that /r/WSB isn't market-manipulating, they just think the stock is undervalued, then the hedge fund can use the same argument. "We think this stock is overvalued so we shorted it" is how they'll explain it to the SEC.

And that's not an invalid position: GME has been suspiciously overvalued way before any of the parties involved started holding positions. It's a retail-heavy business in pandemic season with multiple year-over-year same-store sales cuts. What that means is that, for each one of their stores, on average, they sold 30% less product in Q3 2020 than they did in Q3 2019. And even if you think, "oh, that's just the COVID economy, they'll be back"; Q3 2019 sales were already 20% down from the year before. This is a company nobody wanted to buy games from even before a novel coronavirus decided to close a good chunk of their stores.

The fun fact about that above explanation is that it provides plausible deniability for someone trying to juice the market in a particular direction. Hell, if /r/WSB hadn't caught the hedge fund with their pants down, they probably would have gotten off scot-free. However, the financial vigilantes dumping fat stacks into GME don't have the same kind of excuse - they explicitly coordinated in public fora to manipulate stock price, so it's an easy target for an SEC that really doesn't get the budget necessary to prosecute the complex kinds of financial crimes they're tasked with.

So, from a legal perspective, both parties are in the wrong. From an enforcement perspective, /r/WSB is a soft target.
My Canadian TD account has been giving me a 502 all morning.
In this case people buying stock weren't hoping on a greater fool to sell it to later. By a large margin, more shares were sold short by a handful of hedge funds than even exist. As the price rises the expectation was/is they are forced to buy back to cover at any price.

It's entirely possible a majority of retail investors make a killing and a few large funds get liquidated. At least it was until the coordinated action to protect those hedge funds today.
Where was all of this offense concerning violence when we watched countless businesses being burned and looted throughout the summer? I'm not justifying what happened at the Capitol, but the shouts of righteous indignation ring more than a little hollow.
But who's gonna pay for the data? And what if you disconnect the antenna?
European antifa != American antifa. Learned this when I went to Germany and people were just walking around in Antifa shirts. I told them Antifa is basically a terrorist group in America and they thought this was super weird, because over there it is more of a legitimate political movement.
"So basically like almost every other trade? Every buyer needs a seller and vice versa."

No, not at all.

It's well known that this stock is massively overvalued.

It's a mania, or a crowd-induced Ponzi scheme.

This is different than investors predicting outcomes based on fundamentals or their view of growth.

The plebes will be left holding the bag and probably lose much more money than the banks and it will affect them more greatly.
>Do you want wall street suits to fear for their life?

Ideally yes, the rest of us are a missed paycheck or major health problem away from becoming homeless and there's no mathematical reason it has to be this way, it's just how we've structured our society.
I know some language nerds who like to debate about whether certain aspects of language should be descriptive (dictionaries document how real people use language) or prescriptive (very smart people know the correct way to spell/use words, and that should be imparted to the less knowledgeable).

In that light, I'd always seen the stock market as purely descriptive - the price of a stock can be completely detached from the valuation or profits of a company, it's purely the price that someone in the market is willing to pay.

This feels like an attempt to make the stock market prescriptive - "we know that these retail traders are wrong for trading at such lofty prices, we need to fix this".

Spoiler alert: Descriptivism always wins.
> What WSB crowd is doing is market manipulation.

Shorting GME more than number stocks exist is not market manipulation? HFT isn't? Bailing out greed isn't?

Why is this notion of market manipulation such a narrow one-way street?
I was wondering if this was really a pump and dump made to look like a short squeeze. Now I'm 100% convinced that this is what it is. All those people buying a couple hundred shares via Robinhood are going to lose their shirts.
I would suggest not thinking about it in terms of what it used to be. The site had to evolve. Partly, they needed to stop hemorrhaging money. And partly, the Q&A format has a self-limiting lifespan, where the "fun" questions have long since been asked and answered.

These factors come together in the Quora Partnership Program, where they paid people to add questions in the hope of driving engagement. That results in a flood of uninteresting questions. Even if it worked to bring revenue, it's a qualitatively different kind of site, and the sheer quantity drives away the people who wanted to write good content.

At this point even ending that program may not help, since it both reflects and drives a fundamental change to the site that can't be walked back. They need a new way to engage people. The flood of new modes of interaction seems to confuse people; the site managers are throwing things at the wall to see what sticks.

If it were me I'd try to play to the site's old strengths by fostering a sense of community. In that it overlaps sites like Reddit and even HN, but they can leverage their reputation and existing audience. Promote the comments features, help people locate friendly voices, tamp down hostility before it spreads, and generally encourage people to stay on the site in order to spend time with each other.

They've got a so-so recommendation engine that could be improved. The search feature has been useless for years, and while I'm not sure if fixing it would help save the site, the neglect makes the site feel like a vandalized building with broken windows and graffiti.
Other comments here have pointed out that the drop is likely due to a periodic cleaning of bot votes, against the blog author's premature, sarcastic insinuation that some nefarious manipulation is being performed at YT (there is, but it's not nefarious but to combat third-party manipulation that misleads the user and abuses the platform).

Perhaps it is also of note that the author performs a naive analysis of limited climate data in a linked post to draw a conclusion against climate change.
Annual JetBrains Survey
I'm not quite sure how these are inherently in conflict. It seems like a community might allow the use of slurs as insults while also discouraging insults in general. In different words, "Please be nice to each other. We don't ban for the use of any particular words, but we do ban for disparaging others."

I could easily imagine a policy like this in, say, a linguistics forum, where it's totally allowed to discuss the usage of slurs, as long as they're not directed at someone.
Where did I say that? They've been taught a lesson via losing a lot of money, and now they know will be a lot of eyeballs on any future trades of a similar nature.
My main issue with ORM's is that they encourage you to mix application code and queries (by making it easy and by making the code for both look the same), blurring the boundary between your application and the database.

This is a problem, because there is a real boundary, typically including a network round trip. I've been on way too many projects where ORM-using code would pull some stuff from the database, do some application logic to filter or process the results, then loop and do another query for each result. Instead of doing it in the database query itself using joins (and possibly being able to use indexes for the filtering).

Even when people are very disciplined about this, I find that once you get to non-trivial queries, they become a lot harder to read in ORM code. I tend to have to think in terms of SQL, then translate between that and the ORM code on the fly. Its not so easy.

Sure, you could say all the teams I've ever worked on that did stuff like this are just bad at using ORM's, but after a few experiences like this on different teams, in different companies, with different developers, its time to stop blaming the people and maybe take another look at the tools.
How is disabling purchases and broker-wide outages not bolstering hedge funds?

There are hedge funds on both sides of this bet. So this intervention is both helping and harming "hedge funds" in equal measure depending on what side they have taken.
I think we should redesign programming so that it is primarily a method of communicating between humans.

Agreed.

I think it was Fred Brooks who argued that the number of bugs in a system correlates with the number of lines of communication between the coders of the system. And that number grows exponentially as you add coders.

Fixing the communication has the most immediate impact on bug count.
I would love to buy it if you can provide a way to push the message.
Even as an econometrician, I would never call it dumb. It's a virtual incarnation of Occupy Wall Street. These guys are probably spending less than those who protested several years ago did. Heck, you can buy a stock and still go to work. No need to forego weeks of labor.
Not hard to take your stimulus check and stick it to the man with it.
Sure, but Gabe Plotkin is the uber-wallstreeter. All the rich-but-average Chosen Ones who get internships because of mommy and daddy look at what guys like him accomplish and think, "someday that too can be mine."

This is like that scene in 300 where Leonidas makes Xerxes bleed. The point isn't that Wall Street has fallen. It's that, for once, Wall Street is fallible.
I'm skeptical about the narrow horizontal screen. I'd actually prefer in oriented the vertically for writing.
Doesn’t need to be a grand conspiracy, merely the same reaction by multiple independent entities.
What I don't understand, is why the only candidate that would really do something about this, from either party (Bernie), doesn't get a look in by "the people". The same people who are sick of it also shout "socialist" at the people who want to change things. Slugs voting for salt.
Just push it to the right then...? If it's doable, that is. That's where I keep my system taskbar.
And dogecoins!
OP might have a few hangups: https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...
This sounds like it creates the right incentive. Maintain your chargers or pay for free electricity.
WSB reminds me of the heyday of LulzSec. As questionable as LulzSec / anon’s hacking was, it was also exciting to watch in real-time (10 years ago!)

Of course they were caught and of course they turned out to be regular nobodies. Everything is normal and banal in the end.

If WSB doesn’t turn out to be a regular ole pump and dump then I’d be very surprised. The only thing that’s weird about it is that not even the current cohort of pumpers realise that’s what they are doing.

Could it be that the original pumpers have closed out already leaving behind a crowd of meme spewing parrots that collective display malicious sentience while individually being regular joes?
Is that any different to taking a day off work to go to a protest? Both situations have you losing money in order to bring issues to light. Same with union workers going on strike.
Probably, if you're the US company, the US working culture defines how people work in Europe as well. That's what I heard about Amazon office here in Europe - by local standards, it's a sweatshop.
I regard lua as essentially trivial to embed and to use to script a host application. The ease of hooking to/from the host application written in C is very straightforward and painless. Its possible to have lua call C which calls lua which could call C. That reentrancy is underrated but so very useful.

The simple design also means you can have multiple independent lua interpreters with no overlap. Isolation is quite achieveable with no real effort. Just create a new lua state.

Contrast this with python. Ouch. But python also supports embedding and can import C functions etc. Quite a bit more effort though. Multiple interpreters isn’t so nice. Not when you've experienced lua's ease of embedding. The GIL isn’t great either but not a big deal if everything about a script is in a single thread.
This whole situation was supposed to be bad because “retail traders would be left holding the bag”. Now Robinhood has intervened, essentially crashing the stock by taking away retail buy pressure, so retail is inevitably left holding the bag.

Meanwhile, Kelly Loeffler and other senators insider traded before the pandemic market crash. Nancy Pelosi holds deep ITM Apple and TSLA calls.
What kind of self-respecting HFT firm has revenue targets? Surely you're talking about P&L.
Hmm. The LateX/BibTeX stack can be finicky. If it’s OK with you, if you tell me what your user ID is I can look at your BibTeX file and try to figure out why the “awesome” template had a problem with it.
Thats not the same narrative I see on reddit. People are okay with losing as long as the big sharks are hit hard. It seems like an emotional reaction not a boiler room
I'm currently using Twilio for echo.jefftk.com, and paying $0.004/minute (I'm very low volume).

I was considering switching to this, but their pricing is a terrible fit for my "most calls have mostly people who've never used it before" situation.
That's the opposite of reality.

More mechanical/moving parts increases risk and complexity, not reduces it. If something is misaligned or bends or breaks or even if it's just insufficiently lubricated, you're SOL. Solid state transistors are stupid reliable in comparison. Further, implementing more than two or three levels of conditional logic with mechanisms is prohibitively expensive, whereas you can have thousands of checks in a digital system practically for free. Finally, a mechanical system can only handle situations it is designed for, upgrades are difficult and sometimes impossible to implement. On the other hand digital logic is easily updated to deal with unforeseen issues.

Electricity is just as much a physical phenomenon as fluid flow or mechanical stress.

[Edit] I'm a mechanical engineer, no one should be any more enthusiastic about doing things mechanically than I am.
checking whois for each of those domains, my first thought is I sure hope Key-Systems didn't get owned :|

EDIT: On a sidenote:If this[1] is true, looks like the attacker may have compromised another registrar that perl.com used (Network Solutions), moved domain to another registrar, than KS. Still a big concern though

[1] https://nitter.net/DInvesting/status/1354778895749419013
Keybase handles that, zoom purchase aside.
>It's government intervention no matter how you look at it.

Is it? Do we have some information on that yet?

Why does disabling purchases help?
This one is probably closer to my guess, it would be difficult to moderate half a million new users in a day with an existing mod base, and you can't really just hand out permissions to random memers saying "I'll help moderate" without risking that some nonzero amount of them will just cause havoc anyway.
(In 2018, and the actual charges they settled were not that they weren't seeking best execution. The charges that landed were that they falsely advertised that their execution matched or beat other brokers.

In fact, they were still seeking "best" execution; they just didn't beat other brokerages because of high payments for order flow and misled customers about that.)
Presumably the project you mention is open source, so you've not lost your time – the time spent investigating the issue puts you in a better position to fork the project an implement the change to your specifications without involving the maintainer.

I don't understand the anger, are you angry because he doesn't have the same opinion as you and doesn't want to make the implementation behave according to your opinion?
A charitable guess is that Robinhood is trying to protect their users from buying at the height of this mania.

There are people literally investing their rent money into GME, and it's almost inevitable that the price will come down at some point, the only question is when and how far.
Very paternalistic to assume that people are gambling away their grocery money and should be stopped now that the short squeeze has become much, much more likely. Meanwhile ANY other security also has the chance to go to 0, but RH doesn't stop you from buying.
WhatsApp Now Requires Biometric Authentication
> why literate programming isn't more popular is beyond me

I saw this topic brought up in a video I was watching yesterday
https://youtu.be/SzA2YODtgK4?t=1519

There are 2 reasons:

1. Programmers and code review tools are not very good at making sure comments and documentation are updated when code is.

2. People see literate programming as primarily for documentation-focused or teaching purposes.

The statistics in the article we're commenting on suggest that more software systems should be documentation/teaching focused, since the "learning the system" phase is where most of the time goes.
12-19 people have died due to BLM "protests", and over 700 officers injured. So BLM riots have had a worse impact.
Ah yes you are right. You were responding to my question.

I had all the replies mixed up.
That is not my experience. I see a lot of boring, working, OO code. Nothing that I’d excitedly put on the front of HN as an example of anything, but code that’s reasonably easy to read, and just works day in and day out.
> Deplatforming is

> throwing a customer out of the grocery store because you don't agree with his choice of vegetables.

There, fixed for you.
Sell, what exactly? They won't buy after that?
The Common Desktop Environment (CDE) is still developed and modern in 2021
But it kind of goes against the story that this is “the people” against Wall Street. “The people”, by and large, do not have a ton of spare gambling money sitting around. “Upper middle class folks with spare disposable income vs Wall Street” isn’t quite as persuasive a hook, though.
What they should do if it is indeed to protect the user is have you sign a document. Just like Fidelity does if you want to buy UVXY or the oil short securities

FWIW Fidelity lets you buy GME....
Insightful. The other area is often learning the intricacies of the infrastructure it runs on.
Some retail investors made money. The rest that are still jumping in will lose a lot as the stock returns to it’s correct price over time.
I can't see how that's the case. They aren't going to suffer for this, let alone personally.

Even if the fund tanks, they can set up a new one, probably with sympathetic money or just cruise off into the sunset with their millions.
My main point is that the things we use encourage a certain approach and if most people are "doing it wrong [tm]", maybe its not the people's fault, maybe the tools are encouraging wrong approaches.

I mean, sure, you can just say most developers aren't very good, aren't disciplined enough, don't think things through. Maybe its true. But that doesn't solve the problem, it just shifts the blame. You can't fix the people, because its a never-ending problem: move team or company and you're back at square one. Good luck trying to change all the university courses to try and teach better practices.

So if you can't fix the people, the only thing left is to take a long hard look at the tools and see if we can't improve them in a way that encourages better code.
I would really appreciate it if somebody could explain to me how people who sell short a stock are somehow “suffocating it” or “killing jobs.” And I say this as someone who has about 18 years of investing experience. I continue to believe stock shorting is one of the most poorly understood parts of equity markets and the wrong parts are most commonly parroted by people with little to no experience with short selling themselves.

And this narrative that somehow the regular Joe is sticking it to the man and using proceeds to pay medical bills makes for good heartwarming stuff, but I take umbrage with the idea that one person’s cause is more worthy than another and so they deserve the profits not this greedy oz character behind the curtain that is likely other retail traders and HFT momentum funds (the same ones that are vilified in this movement) buying it up as it moves higher and becomes more popular. If you make money trading, great but let’s ease up a bit with the saving the world nonsense. It’s not as if gambling your savings on call options is saving the world. It’s a catchy storyline to make people feel more comfortable with the idea of gambling.
You just said anyone who has ever contributed to a presidential campaign in their life is a moron. I don't see how this can be interpreted any other way, no one pisses away $100 to the Libertarian candidate expecting he's really going to save over $100 in income tax or reduced regulations the next year...
TVs will sign a deal with telcos that the latter give access to 5G to certain GUIDs hardcoded in TVs.
I'm really out of my depth here but my understanding is at a certain point short sellers start getting forced to buy at whatever price, pushing the stock up further?
Thank you, I appreciate this level headed response. The populist outrage fueled by anonymous Reddit users who are often either lying outright or wildly speculating is completely out of control.

We really need to get those vaccines out, people are going insane...
we need to run programs with less authority than the user running them, and we still lack a good conceptual model for doing that

Isn't this now the standard reality for most desktop and mobile OSs?

"Allow write to SD card" is far, far too powerful a privilege to grant.

Granting a permission based upon user approval is never secure anyway since if they want to see the porn / flashing lights they are going to click the button regardless. Having spent some time with both carriers and mobile device manufacturers, there are also areas of undeclared commercial utility in keeping control with the OS (device manufacturer) and out of the hands of the user: DRM, app sales, increased chargeable mobile data use, reduced chance of non-cellular data paths (mesh networking), etc.
What's the difference between reddit users taking action on the advice of other reddit users and everyday folks taking action on the advice of CNBC talking heads? In both cases, someone is saying, "This security might be a good buy."
I guess I find it really weird and unfocused and so mixed in with people who are greedy/stupid that the whole thing just seems absurd.
Absolutely yes. If you can't provide a free service, then do not advertise it as a free service.
https://www.reddit.com/user/DeepFuckingValue